Well, the most obvious reason why NFL point spread betting is so popular is because of the variety it offers. Why are NFL Point Spread Bets So Popular? In other words, spreads are pretty accurate but not as perfect as most people think. The average variance against the spread was 8, but there were many games with less than 5 points and games with more than 30 points. In all of these games, the favorites won 66% of the games, which is surprisingly lower than other sports.

If we take the last four NFL seasons, we can see that the median spread of these games was 4, and the median outcome was 27-17. In order to find how accurate NFL spreads are, we need to study some statistics from the last couple of seasons. The actual odds are 0.90:1 which means that you are getting 90 cents back for every $1 you spend. The favorite must beat the spread, and the underdog must win outright or if they lose, they have to lose by less than the spread.Įven though most people think that the spread bets are even, paying 1:1, that is not entirely true. This means that whichever bet you place, you’ll end up winning the same amount of money.īasically, the team with the minus sign, which is considered the favorite, has points deducted from its final score, while on the other hand, the underdog, has a plus sign in front, where points are added. In a spread bet, the odds are usually set at -110 on both sides, depending on the sportsbook you choose. Since bookmakers see both teams in such a scenario as equal, they hope to receive an equal amount of money from bettors. Such spread suggests that both teams are fairly equal and, in such a case, the favorite team is the one playing at home. So, if the match ends up with the Texans winning the game by two points, you won’t win your bet. If you want to bet on the Texans, it would mean that they need to win by at least three points in order to get your profits.

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Average point spread nfl games